Apr 16, 2013 6:30pm PDT
to technology. as intel and yahoo shows an increase. >> are red flags being raised on one part of the recovery. >> and gold rush, what are individuals doing now with the metal's prices fl s fluctuating. i'm bill, in for tyler matheson, another big day for the markets. but we have two numbers that will set the tone for tomorrow. >> we are talking technology now for a change. a tale of two different earnings stories. yahoo surged 36% and intel fell 26%. they are the first batch of conditi companies reporting. intel earned 40% a share. revenues fell 2% to $12.6 billion, slightly better than expected. but the company said that revenues in the current quarter will come in higher than forecast, so their shares jumped as much as 2% after trading. yahoo earned a 38% a share. 14 cents more than expected and revenues came in below estimates at $1 billion and the company reported a drop in display advertising. yahoo shares tumbled in after hours trading. >>> on the heels of the mixed results, there's another technology giant set to report next week that may reveal about the shift about with consumers to
Apr 16, 2013 7:00pm PDT
. joining us now to talk about the earnings from intel and yahoo and the out look for the technology sector. is the portfolio manager of the t-rowe price technology fund. the thing that ties the companies egg together, they are about two companies trying to reinvent themselves. in the case of intel, does it have what it takes to reinvent itself, and jump start the company. and in the case of yahoo, is the turn around strategy works? >> thank you for having me on. it's nice to be with you. you hit the nail on the head, both are reinvention stories. -- intel, the segment that they sell into, the pcs are under a lot of pressure. i smiled in the segment leading into this. people are not using their pcs as much as they did in the past. so, i think intel does have what it takes to turn around eventually but it will be a slow process to establish themselves in the smartphone and tablet market. yahoo is going through a turn around and what we saw this quarter was not much evidence of a fundamental turn around in yahoo's business with revenues down a bit year on year, so tato one is still on the com
Apr 17, 2013 9:00am EDT
someone invests in us because we have the technology leadership, it manifests itself in products that lead the competition and allows us to win in markets. >> perhaps it's time to ramp that spending up, jim, to figure out other avenues in which they'll be able to deploy their chips. >> they cut it to 12 billion because they were able to reuse some of the factories. the interesting thing is goldman is saying you're spending three times what you're spending in 2009 and getting the same bang for the buck. intel which is a fabulous manufacturer, is spending too much money and not getting any reward for it. they're paying good dividend while you're waiting. >> what are you waiting for? for ultra tablets? >> i think that comes out, gdot. it's not like they haven't figured out transitions in the past and what was the ability to do just that. >> ultimately, they've been able to reinvent and reinvent by making things smaller and smaller, another really nice guy, but this was supposed to be a good-bye swan song and instead it turned a rap on the call, i felt. i felt like people were saying gross mar
Apr 16, 2013 11:00pm EDT
-yah to ya! >> hey, sunshine, what's shaking? >> caller: not much, man. my stock is arine technology. unfortunately, i got it when the company went public on the ipo day. what do you think about this? >> i was surprised the stock didn't act better, given how many ipo positive initiations there were today. i think the stock is a buy. i like that kind of programmatic advertising business for the web. i think you trade this thing up to 16, 17. i think you've got some room to run. all right. lots of ipos on the horizon. you know i'm liking this black hawk and seaworld. remember, not to chase in the after market, but slow and steady safeway is a good alternative if you can't get into black hawk. and you know what, fairway, real good produce. don't go anywhere. "lightning round" is coming up next. >>> it is time! it is time for the "lightning round" on cramer's "mad money." my staff prepares the graphics. when you hear this sound, the lightning round is over. are you ready, skedaddy? i want to start with joey in wisconsin. >> caller: hey, jim, you do a great job on "squawk on the street."